Inflation proved stubborn in 2024, a trend that probably extended into the new year and could complicate President Donald ...

Part of the Fed’s role is managing pricing stability and employment with interest rate adjustments. According to the FOMC, an annual target increase in inflation of 2% is consistent over the ...

The closely scrutinized monthly consumer-price index is due this morning. Here are the key points: Economists expect the CPI increased 2.9% from a year earlier, the same rate seen in December. An ...

Economists expected the annual inflation rate to hit 2.9 percent and prices to rise 0.3 percent on the month, according to consensus estimates. The new inflation numbers come as the Federal ...

Jerome Powell made it clear this week the Federal Reserve is in “no hurry” to cut U.S. interest rates in light of lingering inflation and a strong economy. The January report on consumer prices is ...

Inflation rose 2.9% on an annual basis in December, which was slightly above the 2.8% rate that was forecasted by economists. This modest yet unexpected uptick comes on the heels of an uptick in ...

A sturdy labor market could reignite inflation and give officials less reason to cut rates to jolt the economy. “The still elevated annual rate of inflation, the strength in the labor market ...

Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The consumer price index (CPI) rose 0.4 percent in the final month of 2024 and ...